SFG Wealth Management LLC. Has $733,000 Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

SFG Wealth Management LLC. cut its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 6.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,458 shares of the company’s stock after selling 1,393 shares during the quarter. SFG Wealth Management LLC.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $733,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SDVY. LPL Financial LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after buying an additional 2,628,717 shares during the last quarter. Park National Corp OH boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock worth $92,079,000 after acquiring an additional 1,885,435 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% in the 3rd quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after acquiring an additional 669,172 shares in the last quarter. Cetera Investment Advisers grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% during the 2nd quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock worth $80,827,000 after acquiring an additional 580,783 shares during the last quarter. Finally, Advance Capital Management Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.2 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $37.50 on Monday. The stock has a 50-day simple moving average of $37.61 and a 200 day simple moving average of $36.25. The stock has a market capitalization of $8.09 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $31.16 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers ETF

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.